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Venezuela bondholders inch toward showdown

Friday, May 19, 2017

Govt. considers evacuating Dutch from crisis-stricken Venezuela

The Dutch government is preparing a possible evacuation for the few hundred Dutch in Venezuela. The South-American country is in the midst of a massive crisis and there is hardly any food or medicine available. Angry Venezuelans have been demonstrating against the government for weeks, during which 42 people have been killed and hundreds others injured, RTL Nieuws reports. Venezuela was once one of the richest countries in Latin America. But their economy collapsed completely due to falling oil prices and economic mismanagement. Demonstrating Venezuelans demand that President Nicolas Maduro and his Socialist government step down. They no longer believe that he can stop the crisis. Police officers and the army got involved in the protests, killing 42 people and injuring hundreds.  More…

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